New president at First National Financial

by Steve Randall on 12 Nov 2019

First National Financial Corporation, the parent company of First National Financial LP, a Canadian-based originator, underwriter and servicer of predominantly prime residential and commercial mortgages, has a new president.

Chief operating officer Jason Ellis has led the firm’s Treasury and Capital Markets business since 2004 as senior vice-president and managing director and became COO in November 2018.

In his new role as president and COO he will continue to report to chairman and CEO Stephen Smith.

"With a very successful year in his position as COO, Jason proved to me and the Board his value to our Company and its growth initiatives. Accordingly, I am pleased to relinquish a role I have held for more than 30 years at First National,” said Smith.

First National has over $110 billion in mortgages under administration; and is Canada's largest non-bank originator and underwriter of mortgages and among the top three in market share in the mortgage broker distribution channel. 

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